| Summarizes the effects on the revised financial statement |
|
|
|
|
|
|
|
|
|
|
|
|
As Previously |
|
|
|
|
|
|
Balance Sheet as of March 31, 2021 (unaudited) |
|
Reported |
|
Adjustment |
|
As Restated |
Class A ordinary shares subject to possible redemption |
|
$ |
318,130,860 |
|
$ |
26,869,140 |
|
$ |
345,000,000 |
Class A ordinary shares |
|
$ |
269 |
|
$ |
(269) |
|
$ |
— |
Additional paid-in capital |
|
$ |
— |
|
$ |
— |
|
$ |
— |
Retained earnings |
|
$ |
4,998,875 |
|
$ |
(26,868,871) |
|
$ |
(21,869,996) |
Total Stockholders’ Equity (Deficit) |
|
$ |
5,000,007 |
|
$ |
(26,869,140) |
|
$ |
(21,869,133) |
|
|
|
|
|
|
|
|
|
|
Balance Sheet as of June 30, 2021 (unaudited) |
|
|
|
|
|
|
|
|
|
Class A ordinary shares subject to possible redemption |
|
$ |
312,933,180 |
|
$ |
32,066,820 |
|
$ |
345,000,000 |
Class A ordinary shares |
|
$ |
321 |
|
$ |
(321) |
|
$ |
— |
Additional paid-in capital |
|
$ |
5,197,628 |
|
$ |
(5,197,628) |
|
$ |
— |
Retained earnings |
|
$ |
(198,811) |
|
$ |
(26,868,871) |
|
$ |
(27,067,682) |
Total Stockholders’ Equity (Deficit) |
|
$ |
5,000,001 |
|
$ |
(32,066,820) |
|
$ |
(27,066,819) |
|
|
|
|
|
|
|
|
|
|
|
|
As Previously |
|
|
|
|
|
|
Statement of Operations for the Three Months Ended March 31, 2021 (unaudited) |
|
Reported |
|
Adjustment |
|
As Restated |
Basic and diluted weighted average shares outstanding, Class A ordinary shares |
|
|
34,500,000 |
|
|
(20,700,000) |
|
|
13,800,000 |
Basic and diluted net income per share, Class A ordinary shares |
|
$ |
— |
|
$ |
0.62 |
|
$ |
0.62 |
Basic and diluted weighted average shares outstanding, Class B ordinary shares |
|
|
7,950,000 |
|
|
— |
|
|
7,950,000 |
Basic and diluted net income per share, Class B ordinary shares |
|
$ |
1.69 |
|
$ |
(1.07) |
|
$ |
0.62 |
|
|
|
|
|
|
|
|
|
|
Statement of Operations for the Three Months Ended June 30, 2021 (unaudited) |
|
|
|
|
|
|
|
|
|
Basic and diluted weighted average shares outstanding, Class A ordinary shares |
|
|
34,500,000 |
|
|
— |
|
|
34,500,000 |
Basic and diluted net loss per share, Class A ordinary shares |
|
$ |
— |
|
$ |
(0.12) |
|
$ |
(0.12) |
Basic and diluted weighted average shares outstanding, Class B ordinary shares |
|
|
8,625,000 |
|
|
— |
|
|
8,625,000 |
Basic and diluted net loss per share, Class B ordinary shares |
|
$ |
(0.60) |
|
$ |
0.48 |
|
$ |
(0.12) |
|
|
|
|
|
|
|
|
|
|
Statement of Operations for the Six Months Ended June 30, 2021 (unaudited) |
|
|
|
|
|
|
|
|
|
Basic and diluted weighted average shares outstanding, Class A ordinary shares |
|
|
34,500,000 |
|
|
(10,292,818) |
|
|
24,207,182 |
Basic and diluted net income per share, Class A ordinary shares |
|
$ |
— |
|
$ |
0.25 |
|
$ |
0.25 |
Basic and diluted weighted average shares outstanding, Class B ordinary shares |
|
|
8,289,365 |
|
|
— |
|
|
8,289,365 |
Basic and diluted net income per share, Class B ordinary shares |
|
$ |
0.99 |
|
$ |
(0.74) |
|
$ |
0.25 |
|
|
|
|
|
|
|
|
|
|
|
|
As Previously |
|
|
|
|
|
|
Statement of Changes in Shareholders’ Equity (Deficit) for the Three Months Ended March 31, 2021 (Unaudited) |
|
Reported |
|
Adjustment |
|
As Restated |
Sale of 34,500,000 Units, net of underwriting discounts, offering costs and warrant liability |
|
|
309,498,015 |
|
|
(309,498,015) |
|
|
— |
Class A ordinary shares subject to possible redemption |
|
$ |
(318,130,860) |
|
$ |
318,130,860 |
|
$ |
— |
Accretion for Class A ordinary shares to redemption amount |
|
|
— |
|
|
(35,501,985) |
|
|
(35,501,985) |
Total Stockholders’ Equity (Deficit) |
|
$ |
5,000,007 |
|
$ |
(26,869,140) |
|
$ |
(21,869,133) |
|
|
|
|
|
|
|
|
|
|
Statement of Changes in Shareholders’ Equity (Deficit) for the Three Months Ended June 30, 2021 (Unaudited) |
|
|
|
|
|
|
|
|
|
Class A ordinary shares subject to possible redemption |
|
$ |
5,197,680 |
|
$ |
(5,197,680) |
|
$ |
— |
Total Stockholders’ Equity (Deficit) |
|
$ |
5,000,001 |
|
$ |
(32,066,820) |
|
$ |
(27,066,819) |
|
|
|
|
|
|
|
|
|
|
|
|
As Previously |
|
|
|
|
|
|
Statement of Cash Flows for the Three Months Ended March 31, 2021 (Unaudited) Non-Cash investing and financial activities: |
|
Reported |
|
Adjustment |
|
As Restated |
Initial classification of Class A ordinary shares subject to possible redemption |
|
$ |
303,737,850 |
|
$ |
(303,737,850) |
|
$ |
— |
Change in value of Class A ordinary shares subject to possible redemption |
|
$ |
14,393,010 |
|
$ |
(14,393,010) |
|
$ |
— |
|
|
|
|
|
|
|
|
|
|
Statement of Cash Flows for the Six Months Ended June 30, 2021 (Unaudited) Non-Cash investing and financial activities: |
|
|
|
|
|
|
|
|
|
Initial classification of Class A ordinary shares subject to possible redemption |
|
$ |
303,737,850 |
|
$ |
(303,737,850) |
|
$ |
— |
Change in value of Class A ordinary shares subject to possible redemption |
|
$ |
9,195,330 |
|
$ |
(9,195,330) |
|
$ |
— |
|